Red River Resources (ASX:RVR) Inventories, Work In Process : A$0.0 Mil (As of Jun. 2022)

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What is Red River Resources Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Red River Resources's work in process for the quarter that ended in Jun. 2022 was A$0.0 Mil.

Red River Resources Inventories, Work In Process Historical Data

The historical data trend for Red River Resources's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Red River Resources Inventories, Work In Process Chart

Red River Resources Annual Data

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Inventories, Work In Process

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Red River Resources Semi-Annual Data
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Red River Resources Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Red River Resources (ASX:RVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Red River Resources Ltd (ASX:RVR) » Definitions » Inventories, Work In Process

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Traded in Other Exchanges

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Address

18144 Flinders Highway, Thalanga Mine, Charters Towers, QLD, AUS, 4820

Website

https://www.redriverresources.com.au

Red River Resources Ltd is seeking to build a multi-asset operating business focused on base and precious metals with the objective of delivering prosperity through lean and clever resource development. Its foundation asset is the Thalanga Base Metal Operation in Northern Queensland, where the company commenced copper, lead and zinc concentrate production in September 2017. It has acquired the high-grade Hillgrove Gold Project in New South Wales, which will enable the company to build a multi-asset operating business focused on base and precious metals. The company operates only in the industry of exploration for and development of minerals in Australia.